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Bill Derwin Named New President of Terminix

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Derwin most recently served as vice president Otis Elevator’s $4.2 billion global field operations.

| November 6, 2013

MEMPHIS, Tenn. — The ServiceMaster Company announced that Bill Derwin will join the company as president of Terminix, effective Nov. 11. He will report to ServiceMaster Chief Executive Officer Robert Gillette.

Derwin joins Memphis-based ServiceMaster from the Otis Elevator division of United Technologies Corporation, a $57 billion dollar company which provides a broad range of high technology products and support services to the aerospace and building systems industries. The company’s other divisions include Pratt & Whitney and Sikorsky.

“One of my top priorities since joining ServiceMaster has been filling key positions on my executive team with performance-driven leaders who bring a passion to win every day,” said Gillette. “At Otis, Bill established an outstanding 11-year track record of driving growth in a highly competitive environment. He’s a proven, results-oriented leader who brings significant global experience in growing businesses through a combination of acquisitions, joint ventures, organic growth and service excellence. Bill’s background will be especially helpful as we explore opportunities to grow Terminix by expanding our commercial and international segments.”

Derwin served as vice president of Otis’ $4.2 billion global field operations, with 30,000 employees around the world, including the emerging markets of China, India, Brazil and Russia. Prior to Otis, Derwin spent five years as a consultant at McKinsey & Company, leading a number of major initiatives for a broad array of Fortune 100 companies, building extensive experience in strategy, operations, human resources, commercial growth, and sales and marketing. He began his career in engineering at The Boeing Company in Seattle. Derwin holds a bachelor’s degree in mechanical engineering from Stanford University and a master’s degree in business administration from the Harvard Business School.

Larry Pruitt, who has been serving as Terminix’s interim president since March, will assume a new role as Terminix chief operating officer and assist Derwin during the transition.

“Larry has done an excellent job as interim president,” said Gillette. “Despite some marketplace challenges in 2013, under Larry’s leadership, Terminix has continued to deliver solid performance. He’s also helped the entire team stay focused, energized, engaged – and accountable. Larry’s broad industry knowledge, accumulated over a 29-year Terminix career, will be a huge plus as Bill settles into his new role.”

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